Pew: R.I. could operate for 19.1 days on only rainy day funds in FY17

RHODE ISLAND WAS reported to have rainy day funds that would cover 19.1 days of operation in fiscal 2017. / COUTESY PEW CHARITABLE TRUSTS
RHODE ISLAND WAS reported to have rainy day funds that would cover 19.1 days of operation in fiscal 2017. / COURTESY PEW CHARITABLE TRUSTS
PROVIDENCE – Rhode Island was reported to have the capacity to operate only by rainy day funds for 19.1 days in fiscal 2017, representing 5.2 percent of yearly spending, according to the Pew Charitable Trusts’ Fiscal 50, released last week. The United States median rainy day fund was reported to have the capacity to cover…

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